Crypto.com CEO says withdrawals working, exchange not in trouble

Crypto.com, a cryptocurrency exchange based in Singapore, has a strong balance sheet and took no risks

according to CEO Kris Marszalek, who has assured the public that the company will prove its critics wrong.

On Monday, CEO Marszalek answered questions in a livestreamed YouTube address

said that the service kept enough coins in reserve to cover the total amount of coins its users had.

To calm markets shaken by the sudden demise of competitor FTX.com

Marszalek assured them that platform withdrawals are working and will continue to work.

Read More Stories